Six more leveraged tokens are coming to Poloniex today! With ADABULL, ADABEAR, LTCBULL, LTCBEAR, XLMBULL, and XLMBEAR you can get 3x leverage on ADA, LTC, and XLM. These new leveraged tokens join the 16 leveraged tokens we currently have available on Poloniex.
Starting now, you can deposit these tokens into your Poloniex account and post limit orders for ADABULL/USDT, ADABEAR/USDT, LTCBULL/USDT, LTCBEAR/USDT, XLMBULL/USDT, and XLMBEAR/USDT. Full trading will be enabled shortly.
**What are leveraged tokens?
**Leveraged tokens are similar to other ERC-20 tokens in the sense that they can be traded, held, or transferred the same as any other token. The main difference with leveraged tokens is that they provide leveraged exposure to crypto assets without having to worry about collateral, margin, liquidation prices, or anything else that you’d need to manage with regular margin trading. Learn more about how leveraged tokens work on our Help Center. Please note: Leveraged tokens are higher risk than other spot markets and potentially more volatile. Before trading, please consider the information detailed in our Help Center.
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